Refined soya oil prices fell 1.15 per cent to Rs 575.90 per 10 kg in futures trading today as speculators booked profits at prevailing higher levels amidst fall in demand in the spot market.
Adequate stocks in the physical market also weighed on refined soya oil prices.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in November declined by Rs 6.70, or 1.15 per cent to Rs 575.90 per 10 kg with an open interest of 61,730 lots.
Similarly, the oil for delivery in October traded lower by Rs 4.50, or 0.75 per cent to Rs 592.90 per 10 kg in 92,230 lots.
Analysts said besides profit-booking by speculators at prevailing higher levels in demand in the spot market against adequate stocks position mainly kept pressure on refined soya oil prices at futures trade.
